Name: WHIZTEC Supply Chain Management
Price: 50000 USD
Author: WHIZTEC

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Basic

StockIQ is a supply chain planning suite developed for distributors and manufacturers by industry practitioners, with the goal of helping users to improve forecast accuracy, and reduce inventory levels, while providing unmatched service to customers.

StockIQ Technologies

WHIZTEC Supply Chain Management

Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.

Supply Chain Management

WHIZTEC

Supply Chain Planning

Integrating the activities of different parties throughout the supply chain, and monitoring external and internal conditions that may affect the production of goods.

Custom alerts

Real-time alerts of supply chain activity such as shipping status or problems.

Scenario-based planning

Software that allows users to run simulations for different scenarios, based on changes in circumstances like level of demand, in order to plan for all likely outcomes.

Resource optimization

Ability to allocate resources/materials across the supply chain in the most efficient way.

Supply forecasting

Ability to use past and current data on producers, suppliers, and international trade to predict what trends might impact supply in the future.

Capacity estimation

Ability to determine how much production capacity is needed to produce a specific product at scale to meet demand needs.

Employee allocation

Allocation of employees within supply chain operations in the most efficient way.

Supply network coordination

Improving supply chain performance by aligning the plans and objectives of each partner in the supply chain (e.g. producers and transportation and logistics).

Procurement Management

Overseeing the activities of the purchasing department of the company.

Raw material sourcing

Utilizing cost information to manage the sourcing of raw materials in the most cost effective way.

Supply market analysis

Identifying specific market characteristics for specific goods to enhance procurement strategies.

Cost analysis

Ability to run cost analysis and create reports.

Expense Logging

Ability to record and store information about expenses incurred from purchasing materials and labor.

Order Fulfillment Management

Overseeing the process that takes a product from sale to delivery.

Order fulfillment optimization

Ability to make the order fulfillment process as efficient as possible by bundling orders, selecting specific delivery times etc..

Return services

Software that takes care of the returns process.

Purchase order generation

Ability to produce purchase orders after a sale has been made.

Purchase order tracking

Ability to tack customer's orders and pinpoint their location.

Supplier delivery scheduling

Software that creates supplier delivery appointments.

Pricing and product configurations generation

Ability to generate pricing and product configurations for customers.

Logistics and Transportation Management

The activities surrounding the movement of goods from one manufacturing stage to the next and then onto the final consumer.

Packaging

Delivery planning

The orchestration of delivery planning across different transportation channels such as overseas, road, or air travel.

Route optimization

Ability to use prior delivery data and information about current travel conditions to pick the most efficient route.

Shipping performance

Fleet management

Management of a fleet of vehicles (usually trucks) used to transport goods.

Warehouse & Inventory Management

Monitoring and management of warehouse and inventory activities.

Automation of warehouse operations

Ability to automate certain warehouse tasks such as restocking.

Inventory storage

Stock monitoring

Ability to monitory inventory levels across one or multiple warehouses.

Inventory tracking

Ability to track products through the supply chain and delivery processes using either bar codes, serial numbers, or RFID.

Warehouse asset management

Inventory and price forecasting

Forecasting price changes and future inventory needs.

Demand Management

Monitoring and reporting on market demand conditions.

Demand signal sensing

Using current demand indicators (including supply chain data) to create a forecast of future demand.

Demand forecasting

Similar to demand sensing, but draws on more historical data to create a forecast of future demand.

Customer analytics

Ability to analyze customer data and produce reports.

Inventory stock optimization

Using price and inventory forecasting to optimize inventory stock levels.

Sales and operations planning

Ability to plan future sales and operations based off of current and historical data.

Pricing and promotion tracking

Ability to track promotion campaigns (this may be used more by retailers).

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